Business unprepared to combat ‘skyrocketing’ cyber crime, study warns

Canada has become a premier target for cyber crime in recent years, while most small business and online users who are attacked are both unaware they are being hacked and unprepared to defend themselves, a leading cyber security group found.

Nearly 70 per cent of finance, airline, telecom, utilities and aerospace and defense industries experienced some sort of cyber crime within a span of one year, a survey of 520 Canadian businesses conducted by the International Cyber Security Protection Alliance found.